Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Given Consensus Rating of "Moderate Buy" by Analysts

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS - Get Free Report) has been given an average recommendation of "Moderate Buy" by the seven brokerages that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $7.27.

A number of research analysts have issued reports on VLRS shares. UBS Group decreased their target price on shares of Controladora Vuela Compañía de Aviación from $12.00 to $6.00 and set a "buy" rating on the stock in a research report on Thursday, May 15th. Morgan Stanley downgraded shares of Controladora Vuela Compañía de Aviación from an "overweight" rating to an "equal weight" rating and set a $4.40 price objective for the company. in a research note on Tuesday, April 29th. TD Cowen dropped their price target on shares of Controladora Vuela Compañía de Aviación from $10.00 to $6.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Itau BBA Securities downgraded shares of Controladora Vuela Compañía de Aviación from an "outperform" rating to a "market perform" rating in a research note on Tuesday, May 6th. Finally, Wall Street Zen downgraded shares of Controladora Vuela Compañía de Aviación from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th.

Controladora Vuela Compañía de Aviación Price Performance

Shares of Controladora Vuela Compañía de Aviación stock traded up $0.18 during midday trading on Wednesday, reaching $4.75. The company had a trading volume of 1,646,284 shares, compared to its average volume of 877,270. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $553.84 million, a price-to-earnings ratio of 2.86 and a beta of 2.06. The stock has a fifty day simple moving average of $4.56 and a 200 day simple moving average of $6.57. Controladora Vuela Compañía de Aviación has a 1-year low of $3.49 and a 1-year high of $9.00.

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The transportation company reported ($0.44) earnings per share for the quarter, topping analysts' consensus estimates of ($0.54) by $0.10. Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.50%. The company had revenue of $678.00 million for the quarter, compared to analysts' expectations of $708.83 million. As a group, equities research analysts forecast that Controladora Vuela Compañía de Aviación will post 1.21 earnings per share for the current year.

Institutional Trading of Controladora Vuela Compañía de Aviación

Several hedge funds and other institutional investors have recently modified their holdings of the business. Tower Research Capital LLC TRC grew its stake in Controladora Vuela Compañía de Aviación by 34.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,396 shares of the transportation company's stock valued at $48,000 after acquiring an additional 1,641 shares in the last quarter. R Squared Ltd purchased a new position in Controladora Vuela Compañía de Aviación during the fourth quarter valued at approximately $68,000. Prudential Financial Inc. purchased a new position in Controladora Vuela Compañía de Aviación during the fourth quarter valued at approximately $79,000. Sei Investments Co. purchased a new position in Controladora Vuela Compañía de Aviación during the fourth quarter valued at approximately $79,000. Finally, QRG Capital Management Inc. purchased a new position in Controladora Vuela Compañía de Aviación during the first quarter valued at approximately $105,000. Institutional investors own 53.32% of the company's stock.

About Controladora Vuela Compañía de Aviación

Controladora Vuela Compañía de Aviación, SAB. de C.V., through its subsidiary, Concesionaria Vuela Compañía de Aviación, SAP.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company operates approximately 590 daily flights on routes connecting 43 cities in Mexico, 22 cities in the United States, 4 cities in Central America, and 2 cities in South America.